News

Veros Launches New VeroSELECT Valuation Management System API for Power Users

Jul 07, 2017

VeroSELECT Valuation Management Platform API Integration

New API Empowers Clients with Direct Connection to Scalable Valuation Tools

Santa Ana, Calif. – July 7, 2017 – Veros Real Estate Solutions (Veros), one of the fastest growing mortgage technology leaders in enterprise risk management, collateral valuation and predictive analytics services, today announced new enhancements to its VeroSELECT API. Expanding the platform's capabilities allows Veros' clients to integrate valuation services with their back-office systems for seamless and scalable valuation management.

This single gateway enables VeroSELECT partners to access open, industry-standard REST Application Programming Interface (API) – allowing them to integrate, customize and extend volume ordering of AVMs, Broker Price Opinions (BPOs), Property Condition reports (PCRs) quickly and easily.

"VeroSELECT, considered one of the most stable and versatile valuation management platforms available in the market, extends this enhanced API capability to our clients – providing the ability to easily integrate and handle high-volume transactions with ease," said David Rasmussen, senior vice president of operations for Veros. "The API enhancement streamlines both the ordering and processing of AVMs with PCR and BPO valuations for power users to not only save time, but also to strengthen the risk decisions through complex, cascading logic and real-time data access."

Advantages of easy-to-integrate VeroSELECT API:

  • Flexibility for clients:
    • Supplement AVM orders with a detailed PCR or BPO to help further balance cost, risk, and detail.
    • Order only the solution you want, when you want.
    • The ability to direct each order to the desired AVM vendor or cascade.
    • VeroSELECT has the ability to integrate with other internal or third-party systems via API.
  • Scalable for your business growth with unlimited number of orders submitted via API.
  • High reliability through state-of-the-art, redundant platform built to ensure the system is continuously live and accessible.
  • Unlimited customer support from Veros experienced team of experts.

For more information, visit VeroSELECT API Integration.

About VeroSELECT

VeroSELECT is a valuation management platform that provides mortgage industry users centralized access to a full suite of valuation alternatives, including full access to VeroBPO, VeroPHOTO Plus (PCR) and untethered access to the industry's top performing AVMs -- including Veros' flagship AVM, VeroVALUE and Freddie Mac's HVE -- behind one simple-to-manage platform. VeroSELECT offers a number of objective and cost-effective valuation tools in a variety of flexible options so that lenders have absolute control over their workflow. Full compliance and security controls, best-in-class reliability, and superior in-house customer support make VeroSELECT an efficient, transparent, and cost-effective way to assess collateral risk.

About Veros Real Estate Solutions

Mortgage technology innovators since 2001, Veros is a proven leader in enterprise risk management and collateral valuation services. The firm combines the power of predictive technology, data analytics, and industry expertise to deliver advanced automated solutions that control risk and increase profits throughout the mortgage industry, from loan origination to servicing and securitization. Veros' services include automated valuation, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. For more information, visit Veros.com or call 866-458-3767 option 2.

 

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Media Contacts

Jennie L. Craig
832.236.3392
jennielcraig@gmail.com

Veros Press Desk
714.415.6300, option 6
communications@veros.com

 


Tags: VeroSELECT
Category: Press Releases